Murphy is a mid-sized city located in the state of Texas. The city has a population of 20,015 people. In Murphy, there are 3,522 people per square mile, which is well above the national population density average. Individuals of White (55%) and Asian (31%) backgrounds make up a significant portion of the population of Murphy. Murphy has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 88% of the population is classified as married and 35% have kids.
Are you trying to ascertain if living in Murphy is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in Texas, you will probably want to make sure that you check all of the most important boxes. With useful information like amenities, crime, weather, employment, housing and other key data points, finding the best places to live in Murphy and in the areas around Murphy is a much easier task.
Murphy has a livability score of 87 out of 100 and is ranked #77 in Texas and #182 in the USA. This is a fantastic score, as Murphy ranks well in multiple categories! The cherry on top is that Murphy also ranks in the top 10 percent of all cities. If we explore each of the categories on their own, we see that Murphy ranks well for amenities (A+), crime (A+), weather (B-), education (A+), employment (B) and housing (A-). Regrettably for Murphy, there are some categories for which it does not rank well, this includes: cost of living (F).
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Murphy on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and the overall sense of community. Murphy has a violent crime rate of 29 crimes per 100,000 residents which is far lower than the national average.
School test scores can be an important metric in deciding if the local area schools can provide a solid educational system for children. The schools in Murphy have a test score average of 90%, which is well above the US average.
Finding affordable real estate and apartments for rent in Murphy can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category.
Murphy real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Murphy. Median real estate prices in Murphy come in at $304,100, which is 113.1% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Murphy, the home price to income ratio is 2.6, which is 0% lower than the Texas average. Real estate appreciation rates in Murphy are important to consider, as they can act as a guide to determine if your new home purchase will be a solid investment going forward. During the last twelve months, the appreciation rate for Murphy homes comes in at 7.5%, and the 5 year appreciation rates were 8.1%.
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